Stocks Recommendations eNewsletter

This issue's stocks picks:


Short Positions
S/N Stock Date Start Short Sell Stop Last Buy Date End Cycle Phase Risk Level Status
1 Allgreen 7-Jul-2009 0.980 1.050 0.980 - - Accelelerated Downtrend High Active
2 A-REITS 7-Jul-2009 1.630 1.680 1.630 - - Initial Downtrend High Active
3 Genting 7-Jul-2009 0.675 0.700 0.675 - - Initial Downtrend High Active
4 Keppel Corp 7-Jul-2009 6.790 6.960 6.790 - - Consolidations High Active
5 Midas 7-Jul-2009 0.790 0.830 0.790 - - Initial Downtrend High Active
6 Sembcorp Marine 7-Jul-2009 2.610 2.750 2.610 - - Accelelerated Downtrend High Active
7 SPH 7-Jul-2009 3.080 3.150 3.080 - - Accelelerated Downtrend High Active
  
Note: 7 new counters added for Short Selling.
Take heed that we are taking a risky bet here as it is equally possible that the market might rebound and reverse the accelerated downtrend tomorrow.
 
Comments on Straits Times Index ( STI )
  
STI is in the Accelerated Downtrend Phase.
STI is on the border line of the previously mentioned Medium-Term Uptrending Line.
A further fall from this level tomorrow will confirm that the market has broken the recent uptrend and headed for a more prolonged Uptrend. 
However, just as posssibly, a rebound from this line signifies a reversal of the Short Term Downtrend and the market will be able to continue its Uptrend.
Risk Level is High.



Trade smart,
Jen Wei
Your Friend, Your Trading Adviser
adviser@tradingadviser.com
http://www.tradingadviser.com


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